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and they know it. >> listen, this is a negotiation. >> what is negotiable? >> nothing. >> nothing. >> obama wants to go over the cliff. >> they are toward fight this all the way. >> only ten legislative days to go. >> what happens when we go over the cliff? a democrat orgasm happens. >> that's a scrooge christmas. >> america about to go cliff diving. >> it is not a question, it is strictly business. >>> there's a pro tip of, when one side is leaking the other side's proposals and negotiations, they are not going well, at all. and the fiscal cliff negotiations are not going well at all. on thursday republicans leaked the white house's opening bid and we have some exclusive tape of that. >> all right. somebody will have to play a little game. we'll play yours. so let's just say that you paid me because it is in your interest to pay me. but i want your answer and the money by noon tomorrow. >> senator, you can have my answer now, if you like. my offer is this -- nothing. >> okay. maybe that's not actually exclusive tape of the budget negotiations, but it is kind of the spirit of the thing. pre
will and should walk away from an offer after they had offered to compromise on taxes. obama has said that he wants a balanced approach. where are the cuts? >> grover norquist, president of americans for tax reform, author of the no-tax-hike pledge, but some people ar -- wants everybody to hold the line, but some people are weakening. i things starting to soften up there? >> tom cole, republican from oklahoma, a very astute politician, was it very honestly and openly a politician before he got elected to congress, and said that we ought to take the deal and cut taxes on 98% of people, basically rid ourselves of the fact that most people other than charles c., that the republicans have become the party of billionaires' and millionaires in this debate. that is what happened in the election of 2012. that really is a continuing problem for republicans. that is what you are seeing to it is not just anti-grover norquist movement. it is a realization that they have a political problem. >> a lot of positive signs for a deal. one is that grover norquist, who is kind of a ridiculous figure, it has been
through economic growth, if you grew at 4% a year, reagan levels, instead of 2%, french levels or obama levels, you would net $5 trillion in additional revenue to the government, you could pay down all of obama's additional debt by higher levels of growth, not raising taxes. so there's a lot of money to be gotten from growth. how they do this, we have to see it written down, but because the obama administration and spokesmen have been so emphatic about all taxes and no spending restraint, all taxes and actually spend -- another stimulus, another solyndra stimulus program -- >> i don't think they've mentioned solyndra, grover, but i'm sure they appreciate your mentioning of it. >> they didn't? the whole idea of additional spending rather than spending restrictions -- they could save money by not continuing world war ii as well. so the obama administration is so far out there, that what the republicans are doing is pointing out how reasonable they are, taking bowles' idea, i see he's playing democrat partisan today -- >> part of that is actually putting revenue on the table which speaker
out saying oh, barack obama, he bought votes, i would have won the election if he wouldn't have bought the votes. that's the logo of a guy who just makes excuses. >> so between the change of heart and all the interviews he's doing and the aspiring acting career, some people are saying that it's possible, just possible, that eric is doing all of this just to get attention. >> they couldn't be more correct. of course. who gets a tattoo on their face and isn't looking for attention? >> very thought provoking although perhaps not universally true. like maybe if somebody got a tattoo on their face that said i'm shy. in any event, if it was attention he was looking for, he definitely got it although the romney tattoo will soon fade into nothing but a cheeky memory, eric's place on the "ridiculist," that i promise you, is permanent. that does it for us. see you again one hour from now. erin burnett's "outfront" starts now. >>> 28 days away, what does it take for a deal? and the use of chemical weapons will bring an immediate reaction from the community. our panel, we'll ask them if the
the fiscal cliff, which is the christmas present the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table yesterday. >> the speaker's proposal right now is still out of balance. >> of out of balance. kind of similar to what republicans said last week when the president sent over his terms. so now what? will they sit down and talk it through? well, not according to at least one senior republican aide who told cnn today, no conversations today, no e-mails, tweets, carrier pigeons. as for boehner and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're waiting for the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathize with john boehner. t
is that scott brown did just spend >>> welcome to "the ed show" from new york. president obama is using every tool in the toolbox to protect the middle class. it is starting to work. this is the ed show. >>> if we can get a few house republicans to agree as well, i'll sign this bill as soon as congress sends it my way. i've got to repeat. i have got a pen. >> a major republican says he is ready to take the president's deal on taxes. house speaker, john boehner, is not happy. >> hell, no, you can't. >> anti-tax crusader, grover norquist attacking the wives of republican congressman? >> i hope his wife understands that commitments last a little longer than two years. >> tonight, lee saunders on the grassroots blast to pass the middle class tax cuts. >> small business owner, lou krantz, on his meeting with the president. congressman, steve israel, on the democratic momentum on the fiscal cliff. plus. >> karen finney on the new bizarre attack on ambassador, susan rice. >> all of the sudden, we are the bell of the ball. we are here to say, it's time to start to dance. >>> latino voters help put pr
selling stock on concerns about the impending peril of the so-called fiscal cliff. president obama for his part seems utterly unimpressed by market volatility and the consequences of failure to resolve the issues of tax hikes and spending cuts that go into affect the first of the year. as the markets were falling in the first hour of trading this morning, house speaker john maynard stood up and offered support to investors and leaders for the market. stocks stabilized and then began climbing on the speaker's expression of optimism that a deal is within reach. we will take all of that up and more here tonight with bedford open geyser ceo harvey eisen and republicans who have put tax revenue on the negotiating table , and some republicans have flat out repudiated their anti-tax increase pledge. the author of that pledge, grover norquist, here and we will ask him how it is that he came to be the villain in this piece, how it feels to be the subject of attacks from both the left and some on the right and what the future holds for those republicans who break their pledges to voters. also tonigh
to do you want to vote for a tax cut for 98% of americans, i think that's where president obama will have more leverage in some of thots discussions. it's a shame we can't move beyond the gridlock. >> but dr. peterson, i have just heard speaker boehner say look at the last two years. look at the ryan budget, which, of course, in neither of the two years received a single vote by democrats. >> well, listen, like joy reid on this network has said, hopefully mr. boehner will be able to sing a different tune once the tea party caucus is more di anyone initiminished an speakership is re-established on january 3rd. my sense is going off the fiscal slope or curve or cliff is probably the best case scenario for president obama. >> professor reich, the president has offered a mix of taxes and spending cuts in his plan. mr. boehner responded with the ryan budget five minutes after saying they wanted a bipartisan solution. have they put any thought whatsoever into any of this? what have they been doing on all their days off. >> i don't think they've been doing anything but licking their wo
these issues mean to you at 1-866-55-press. boy, president obama has an interesting guest for lunch today at the white house. none other than mitt romney himself. tagg, by the way was not invited. there will be no reporters or no photographs allowed either and of course, no alcohol. the white house would not say what their luncheon agenda is but they did release the luncheon menu. mitt romney will be served a healthy helping of crow. and it's about time. all right. we'll talk about that and a whole lot more here. a lot more serious stuff here on the "full court press" this morning. first, standing by with all of the latest, lisa ferguson out in los angeles. hi lisa. good morning. >> hey bill. good morning everyone. the president does have quite an interesting schedule with his lunch guest but first off he's meeting with the american nobel prize winners in the oval office and then as bill mentioned he is inviting mitt romney to lunch in the private dining room. bill is not the only one making jokes about what's on
. obama for america is using its campaign e-mail list to put pressure on lawmakers to extend the bush tax cuts for the middle class. the latest from stephanie cutter includes a two-minute video reminding voters that the president campaign and won on that same platform. >> obama: we need to give tax relief to working families trying to raise their kids to keep them healthy send them to college, keep a roof over their heads. that's the choice in this election. >> the administration is still asking you to send in stories about what being able to keep about $2,000 more a year means to you and your family. the president is planning to meet with state governors this week and the business roundtable, a big business lobbying group. this morning fiscal cliff negotiations appear to be at a stand still. treasury secretary tim geithner says the president's offer is unwavering. we're going to let tax rates go up for top earners and republicans will have to work with that reality. >> there is no responsible way we can
agree are more harmful than what obama is proposing by raising the upper two brackets. and then this party that paraded around as the big deficit hawks, the guys that wanted to control spending, the only cuts they put on the table is playing at margins, increasing retirement age from 65 to 67 and adjusting rates for social security. this hasn't presented itself as a party that wants to cut spending. on one hand you have president obama's proposal, which most agree is the responsible way of raising the debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely wrong. it's fascinating president obama last july, july of 2011, said we can get $1.2 trillion i
for watching. i'm al sharpton. "hardball" starts right now. >>> obama to boehner, get serious. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. the republicans have their plan, and it's great news for the rich. speaker john boehner just put it out. those at the top, the 2%, are safe. your bush tax cuts are going to keep on giving. one problem, mr. boehner, you lost. that was your position before the election, and you lost. mitt romney campaigned on keeping the tax cuts for the wealthy, and he lost. and he promised to do what john boehner is doing right now, and he lost. how about some respect for the electorate? how about seeing what the 2012 presidential debate was about? obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had this fight. again, he's willing to act like the election never happened. no wonder. again, he lost. j
of the united states against barack obama and if he did so, roger ails said he would quit fox news and run his campaign. how about it. don't tell me fox news is not the broadcast arm of the republican party. that proves it! all right. we'll get into that and a whole lot more here. first we get the latest current news update from lisa ferguson out in los angeles. hi lisa. good morning. >> hey bill. good morning everyone. so far the president seems to be staying strong when it comes to taxes. as you all know by now house republicans sent in a fiscal cliff counter offer yesterday but the white house is calling it no good. i want to give you an idea of where the two sides stand right now. boehner's new plan would raise $2.2 trillion. now it would extend the bush tax cuts for everyone and yes that does include the top 2%. and it would instead raise $800 billion in revenue from so-called tax reform and that's what we mean when we talk about capping deductions and closing loopholes. the rest of the money comes from cuts
would president obama want to put her out there if she has confirmation hearings? they'd gotten away with the lies and cover-up. the mainstream media ignored it and moved on. people not only are going to ask about benghazi, who told you to do this, why are you and not secretary clinton go out? now they're going to talk about the bombings in east africa in 1998. to me it's political suicide. it will cost too much political leverage that obama needs to spend elsewhere. >> sean: what are we to make of this? especially when i look at the words used prior to these embassy bombings, richmond, what do i see? the embassy was warned. washington, quote, was alerted to the embassy's extreme vulnerability and called for assistance. i mean, so very similar to benghazi, and assistance denied again. >> well, in both cases assistance was denied. i think in the august 7th, 1998 bombings, which killed 228 people, and injured more than 4,000 bombings, including two u.s. diplomats. the benghazi attack involved almost 100 people. some of them wearing after fan clothes, according to libyan intelligence, u
president obama has a clear message for speaker of the house john boehner. >> terrified of what you might say. your move, chief. >> the a.p. headline reads white house to gop, it's your move. it is a point treasure secretary timothy geithner made clear over and over and over again. >> we've laid out a very detailed plan of spending cuts, $600 billion in spending in mandatory programs over ten years. if they would like to go beyond that or do it differently they need to tell us what they propose and then tell us what makes sense to them. but what we can't do is try to figure out what makes sense for them. tell us what they like as a complement to that. we can't react to anything until we see doots he tails of a proposal. we can't figure out what they need. they have to tell us. >> house speaker john boehner isn't playing ball claiming the white house proposal is a joke. >> it's flabbergasted. you can't be serious. i've never seen anything like it. >> boehner insists that talks have broken down. >> right now i would say we're nowhere. period. we're nowhere. we've put a serious offer o
that president obama prefers to nominate u.n. ambassador susan rice, and as long as that person is not the president and does so under ground rules that protect his or her identity, we are condemned to this preventative war we're watching in washington. one side attacking while no one outside the gates of the white house knows what the president intends. i take president obama at his official word. he has not decided whose name to send to the senate, and with that we go to the first of our two senatorial guests, senator bob corker, republican of tennessee. senator corker, i have laid it out as best i can. you senators have a right and a duty to decide, to advise and consent or not to a president's nominee. isn't this strange that we're having the debate about the qualifications for a candidate for the secretary of state position and she hasn't been nominated? >> i think it is, and, you know, as i mentioned yesterday, whoever the president does nominate, i certainly look forward to giving a full hearing. i don't actually know how this has, you know, gotten this way. i had a long
and was criticizing boehner for rolling over, as he saw it, on the deal with obama. >> everybody is playing this down. i don't. eric ericsson wrote his supporters an e-mail saying this, without jim demint we would most likely not presently have in the united states senate pat toomey, rand paul, mike lee, marco rubio, jeff flake, ron johnson, ted cruz. we would not have a republican establishment that worries that conservatives might actually primary them. demint also had backed candidates who went on to lose their general elections. richard mourdock in indiana, christine o'donnell in delaware, ken buck out in colorado. bob, i'm going to back to this again. when the chief ramrod of the right wing senate candidates leaves the post, who would replace him? how is this good news for the right? >> look, i'm not saying whether it's good news or bad news, i'm telling you what i think his calculation is. his calculation is he can be more of a free agent. i think he will get very involved in primaries, he will push hard right issues. i wish him well because the candidates he succeeded in nominating have quite
in nerdland that president obama must be a fan of the francis ford copel la masterpiece. remove the lethal components and there are valuable negotiating lessons that the president seems to be picking up on, like this one. >> my father taught me many things here. he taught me in this room. he caught me keep your friends close but your enemies closer. >> well, president obama keeping his opponents close in hand. lunch with mitt romney. a mid-week summit with the business leaders that supported romney. the ceos of marriott, at&t and state farm. of course, meeting, after meeting, after meeting with speaker, john boehner and republican leaders. with this strategy, president obama keeps his opponents from being able to claim that he is unreasonable or stone walling. heck, i have y'all over every day, he can claim. it also ensures that they know where he stands, in the oval office. return there for another four years by the american people. which is why the president has been reminding his coalition of this. >> don't ever take sides against anyone against the family again. >> president obama is l
, they insisted the election return obama to the white house and the gop return to the house requires both parties to come together in a fairground. but we know that didn't happen. i think everybody is aware, right, that it is the gerrymandering that has returned -- what they are calling middle ground is not middle ground, right? >> it isn't middle ground and there wasn't a dead locked election. they forget a couple of things number 1 that there was an election, and the people spoke and number two if you look at every survey -- i guess the second point is in this campaign there was a clear, clear outline by the president of where he stood, no secret. there had to be a continuation of the middle class tax cut, and an end of the tax cut for the very wealthy in -- in 2010 they got over 90%, the upper 1% -- 90% over that of the income growth, and the third point, the surveys show after the election all of them -- that if you ask people should there be continuation of the middle class tax cuts? yes. should there be a continuation of the tax cuts for the very wealthy? no.
. president obama's first offer fiscal cliff, higher taxes, new spending and power over the debt spending. and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes and meet halfway. republicans have done this all along. stuart: you agree with me, if this plan, anything like it from the president, were imposed on the economy at this time it would lead to recession. >> i think that the p
. we're following developing news right now. president obama is taking to twitter right now, part of the intensifying push by the white house to get public opinion on their side over negotiations against house republicans on the so-called fiscal cliff. the president himself tweeted out plans for the q and a a short time ago saying he'll answer questions about the cliff, his proposal and pending tax hikes on the official white house twitter feed. press secretary jay carney insisted the white house is still optimistic it can reach a deal with congressional republicans. >> there has been progress, and we can achieve a bipartisan agreement. the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2%. >> and there are just 29 days to go for the two parties to find some sort of middle ground, and joining me now from the white house nbc news correspondent kristen welker. what's the back story on this it twitter q and a for the president, which should start
coalition. he said he had been motivated to act because he felt vilified by the obama administration after his businesses were investigated. he is being unfairly prosecuted for bribing and money laundering. >> yes. hum. in most places that is considered a crime. >> stephanie: when i see what is happening to me and this company, that kind of behavior has to stop. >> stop pointing out the things i did. >> stop. >> stop it. >> stop it. [ laughter ] >> ann romney: stop it. >> stephanie: i love this part. adelson is scheduled to travel to washington, d.c. where he will meet with at least one republican leader to push for changes to the anti-bribery law. why does bribery have to be illegal? [ laughter ] >> wow. >> stephanie: oh that is just -- >> i'll give you a hundred if you make this law go away. [ laughter ] >> stephanie: who could be so uptight about bribery. that's delightful. >> did i say a hundred? thousand. okay. a million. 10 million. >> stephanie: all right. 17 million -- 17 million -- see i'm talking and sheldon and 17 million just rolled off of my tongue. >> yo
to get in line behind president obama. >> that's just silly. >> scared me a little bit. >> i told tom earlier that i disagreed with him. >> shame on him. >> why would you do that? it's like selling your soul. >> i hope his wife understands. >> he brought my wife into it? he's never met me, my wife. >> his wife. >> some of these people have had impure thoughts? >> do you have any impure thoughts about grover norquist? >> it is not about that pledge. >> i'm not obligated on the pledge. i will violate the pledge. >> deja vu all over again. >> he will be irrelevant. >> with the end of the world, de deadly dragon, that would be interesting, except it's not true. >> he will be irrelevant and he knows it. >> what started as a bad week for the most famous grover since president cleveland has now gotten worse. the former chair of the house republicans campaign committee. who could always be relied upon to march in lock step with republican leadership has said he now agrees with president obama on taxes. >> we agree with the president on that. >> congressman cole said he thinks the house of rep
on the middle east peace talks talks about what he hopes president obama will do and why he thinks his family deserves credit for the president's second term. >>> plus which pro tension 2016 presidential candidate says they could see themselves as a superhero. "power rangers" style. good afternoon, i'm craig melvin. you're watching msnbc. it's 29 days until the nation could fall off the fiscal cliff are the two sides closer, to avoid the massive tax increases and budget cuts? not according to house speaker john boehner. >> right now i would say we're nowhere. period. we're nowhere. >> the only thing standing in the way of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if w
in washington? >>> president obama presses the case for tax hikes on the rich, and the tax cut extension for the middle class, now. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> but republicans aren't budging, accusing the president of avoiding tough choices on spending and wasting time in the effort to avoid the fiscal cliff. >> it's not a serious proposal. and so right now, we're almost nowhere. >> will there be a deal by the end of the year? and what are the consequences for the economy if there isn't one? we'll ask the president's lead budget negotiator, treasury secretary tim geithner. >>> then the view from capitol hill. are democrats as divided over cutting medicare as republicans are over tax increases? with us, two voices calling for compromise. republican senator bob corker of tennessee and democratic senator claire mccaskill of missouri. >>> finally, our special economic roundtable. as both sides battle over the nation's fiscal health, what can we expect from the economy in a second obama term? w
that obama won the election and he promised he was going to raise tax on the wealthiest and he said while it may be unpalatable there is enough sane people left to get it done." well, maybe there is hope afterall. joining me now from washington is republican strategist and author of the book "blackwards," ron christie. thank you so much for joining us inside "the war room" again. >> governor, it is nice to see you again. >> jennifer: all right. so do you think republicans have recovered from losing the election? >> well, i think we have. i think there's no question that although president obama got less of the popular vote than he did the last time around, his electoral college numbers went up. he won. but the other thing that i would say to you governor, is senate republicans, the american people voted for the status quo. they kept the republicans running the majority in the house of representatives to keep a check on the executive branch and so while we did take a shellacking in the presidential election, we still hav
the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiratin on december 31, te consequences would simply be devasting. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. e very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not in a negotiation, but rather competing in the white house media campaign. this is how speaker boehner reacted earlier today to the demands of the white house that were laid out by timothy geithner in a closed-door meeting. the treasury secretary reiterating the president's call for $1.6 trillion in new tax revenue and timothy geithner rrently offering nothin
. doomed from the start. it won't pass. democrats won't agree to it. president obama wouldn't sign such a bill and the american people won't support it. >> you don't get people together until they finally sit down at the table and negotiate. it's still too much posturing, still too much the president wants his way, somebody else wants it that way. >> the gop's opening bid includes $2.2 trillion in tax reform, entitlement reform. but here's the problem, it includes no tax hike for the top 2% that republicans must have and something that the president repeated on the campaign trail. >> the obstacle here continues to be republicans who hold out hope that we can somehow go through this process and still deliver tax cuts to millionaire and billionaires. and that's just not going to happen. >> with just 28 days to go, who will make the next move in this fiscal faceoff? >> john boehner's counteroffer was pathetic. even the tea party members are saying that it was pathetic. this republican party in the house pet better show courage or it's going to be voted out of power two years from. >>
in the real world. consider what we're thinking about, what we're talking about right now. obama, who won the election with an overwhelming electoral college mandate has put forward exactly what he campaigned on, which is sensible tax reform allowing the top 2% of the tax -- of rates to increase on the top 2% of tax earners and spending cuts. we've had a trillion in spending cuts already, $800 billion additional in the drawdown from the war efforts in afghanistan and iraq, and then a number of spending proposals that obama put on the table in august of '11. consider that against what republicans are doing, and this shows that republicans are really chicken hawks when it comes to reducing the debt. they have a plan on tax reduction which most economists think would do far more harm than the obama plan would. secondly, they fail to specify what kind of cuts they want. remember, this is the party that's campaigned for two election cycles now on cutting government spinding, but when you ask them to identify exactly what you want to cut, you get mishmash from them. you get $100 billion in medi
and only going to get worse under obama. >> stephanie: by the way that was dexter von frisch? >> it was. >> stephanie: he just screams at ann coulters voice? >> it's like an earthquake he just screams before it happens. >> stephanie: kids carbonite backs up everything for you. >> i hope news buster has carbonite, so they save all of our transcripts. >> stephanie: right. absolutely. carbonite set it up once and then it's easy, and then all of your files are backed up automatically and continually. you don't want to think about what would happen if you lost everything. financial documents, music, pictures all of that stuff you have in there. unlimited backup space from your computer. carbonite always has one low fee for your small business. i have carbonite at home and here. get it now. plus you debt two free bonus months with your subscription. that's carbonite.com the offer code is stephanie. >> i think your show is absolutely vulgar. i think it's sad. >> stephanie: all right. >> we're trying to raise kids to be respectful. and there's no way you are adding to it. >> ann
the showdown over raising our debt ceiling when republicans wanted spending cuts and obama wanted to raise taxes. which led to a budget crisis that congress solved by not solving it. (laughter) instead, they handed it over to something called "the supercongress" which couldn't fail because it was super. (laughter) unfortunately it was also congress so it failed. (laughter) and as a result -- (applause) as a result -- (applause) as a result, folks, we are facing another thing called sequestration which at first sounds like rationing the amount you can watch "sea quest." (laughter) but it's even worse than that. (laughter) sequestration is automatic spending cuts that both sides agree would trigger a new recession. it's like congress put a gun to the economy's head and swore it will pull the triger if congress doesn't put its own gun down. (laughter) it's kind of like a mexican standoff without any mexicans. (laughter) of course, obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. (laughter) it's like he's totally d
the gop to negotiate, obama ends giving in. and peter baker writes that president obama has emerged kind of a different style of negotiator in the past week or two, sticking to the liberal line, frustrating the republicans clearly. this is a strategy his base might like but i'm wondering will it make him a better deal maker? >> it just may mean that republicans ultimately give him close to what he wants on raising tax rates on the top 2%. president obama has been very clear, he was all the way through the campaign that he would not give in on that. so that's i think what's important now. republicans don't like a lot of what was in the white house's opening offer. they dictate the $50 billion stimulus that was in the offer as a slap in the face. some of these little things we'll see taken out of file deal. >> to that point here's john boehner talking about when he saw that opening offer. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. you know, we got seven weeks between election day and the end the year. and three of those weeks
. >> thank you. >> eliot: as i mentioned earlier, president obama met with a second group of ceos to talk about the so-called his co-cliff. among them mary kay henry internationale president of the service employees international union, the seiu, welcome to the program. >> thank you. >> eliot: is this cliff, we prefer to call it a slope on this show, is it being overrated? is there hysteria being created to get a compromise around the wrong issues? >> yes, i completely agree with your discussion that you just had with congressman defazio. this conversation needs to be how increased revenue helps us spur economic recovery by getting americans back to work, and job creation has to be our number one priority. this discussion of cuts to programs that elders count on in our country, we need to get off this table so we can focus on a robust economic recovery once and for all. >> eliot: i'm one that agrees that down the road in the long term, maybe even in the medium term we've got tough issues we got to deal with. >> yes. >> eliot: but right now we have a crisis of job creation. it's a growth c
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